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Newsletter 344 - 01/07/2022
positive surprise. The challenge for the ministry is that it has already allocated all... five months of the year. The total package has reached 8.44 billion euros. Five billion euros of this comes from the Energy Transition Fund and does not hit the deficit. Nevertheless, the budget has
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Opposition parties step up pressure after back-and-forth over election date
PoliticsGreek Politicsto improve their standing ahead of the next vote. SYRIZA has made it clear that it is not taking.... With this in mind, the opposition party has not made any alterations to its plans to rally support over the coming... that although SYRIZA has differences with some opposition parties, such as PASOK, it is more important
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US amendment on Turkish jets adds new factor in Athens-Ankara ties
PoliticsForeign Policyalso certify to the relevant House and Senate committees that Turkey has not "taken steps... member countries." The issue has prompted reaction in the Turkish media, but no official statements... and the US do not share a view on the extent of Greece’s airspace,” the US State Department has said
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Govt puts focus on handouts, migration to take heat off surveillance affair
PoliticsGreek Politics. The row over the rescue of a group of migrants on the Greek-Turkish border has also given... to be that the timing of the revelations over the peak of the summer holidays has worked in the government’s favour and that the public will be focussed on other matters. Mitsotakis has his eye firmly
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Imminent parliamentary clash over phone-tapping puts PM on alert
PoliticsGreek Politicsthan the agency spying on politicians and reporters. There has been speculation that SYRIZA might..., unless SYRIZA leader Alexis Tsipras has indications that some government MPs might balk at backing... Democracy over the wiretapping has led to speculation that Mitsotakis might try to replace two of his MPs
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Inquiry into surveillance scandal begins as ND feeds speculation about change to election law
PoliticsGreek Politicsthis as an indirect threat to those involved not to divulge any details. The invocation of secrecy laws has been... being breached, we do not need to breach other privacy rules that may apply.” Tassoulas has given.... Also, given the governing party has a majority of MPs on the committee, it is expected that New
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Where is Odysseus? Part 6 - Potential real GDP
Agora) aging effects on GDP from retiring and passing baby-boomers in the Greek population has declined... outlook has improved since 2018, but productivity has disappointed. The difference between the new... assumptions from the EU Commission, even in the face of sequential disappointments? This problem has
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Govt unveils affordable housing scheme, but struggles to shunt wiretapping aside
PoliticsGreek Politicsset out a raft of policies aimed at tackling the cost-of-living crisis, the government has tried... they are New Democracy. The centre-right party has long felt that it needs to do more to win over younger voters even though they tend to be less reliable than older members of the electorate, where ND has
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Moody's, DBRS keep ratings unchanged, leave no doubt that fiscal prudence is key for next moves
Economyof the leading agencies and has not taken an upgrade action since the end of 2020. DBRS on the other hand has Greece at ‘BB (High)’ that is one notch below investment grade by its rating table. Greece so far this year has one upgrade by S&P to ‘BB+’ that is also just one notch before the investment
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ND moves to discredit SYRIZA programme, muses over far-right alliance
PoliticsGreek PoliticsAlexis Tsipras has been accused of making empty promises, as government figures react to the SYRIZA programme presented over the weekend. A row has erupted over the costing of the opposition’s... argued that there were still profits to be clawed back from energy companies which the government has
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